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Bitcoin miner Bitfarms files for $300 million convertible note offering

Bitcoin miner Bitfarms files for $300 million convertible note offering

Bitfarms Ltd. (ticker BITF), a Bitcoin mining and digital infrastructure firm, is offering a tranche of convertible notes to raise $300 million.The convertible notes will be convertible into cash or common shares of the company (or some combination) at Bitfarms’ discretion. The notes are unsecured, …

DBS expands crypto offerings with tokenized structured notes on Ethereum

DBS expands crypto offerings with tokenized structured notes on Ethereum

DBS, Singapore’s largest bank by assets, is expanding its digital asset offerings with the launch of tokenized structured notes on the Ethereum blockchain. DBS announced on Thursday that the bank is opening the door to traditionally high-barrier financial products in smaller denominations through to…

DBS Bank to tokenize structured notes on Ethereum for institutional investors

DBS Bank to tokenize structured notes on Ethereum for institutional investors

DBS, Singapore’s largest bank, announced Thursday that it will tokenize structured notes on Ethereum, accessible to eligible traders on crypto investment platforms and exchanges.The bank has entered into agreements with three platforms — ADDX, DigiFT and HydraX — to distribute the tokenized notes, a…

180 Life Sciences Stock Jumps on $156 Million Notes Sale

180 Life Sciences Stock Jumps on $156 Million Notes Sale

By Dean SealShares of 180 Life Sciences climbed after the company sold $156 million in convertible notes in order to load up its ether reserves.The stock was up 11% at $3.32 in afternoon trading. Shares have now gained 83% since the start of the year.The dietary supplement and food ingredient compan…

Mara to raise up to $1B for Bitcoin and operations via debt sale

Mara to raise up to $1B for Bitcoin and operations via debt sale

Mara Holdings, one of the largest publicly traded crypto mining firms, has announced it intends to offer up to $1 billion worth of convertible senior notes, with a portion of the funds intended for Bitcoin purchases.According to a Wednesday announcement, $850 million of notes will be offered to qual…

GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan

GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan

Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior notes maturing in 2030.Investors will have the option to convert the notes into …

MicroStrategy Announces Sale of $1.75 Billion Convertible Notes To Fuel Bitcoin Stockpile

MicroStrategy Announces Sale of $1.75 Billion Convertible Notes To Fuel Bitcoin Stockpile

MicroStrategy is planning to sell $1.75 billion in convertible notes, the Michael Saylor-created company announced late Thursday, November 18. According to a press release from the software firm, the profits will be used to increase its ever growing Bitcoin holdings.

Julia Smith
Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition

Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition

On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private…

Jamie Redman
US prosecutors allegedly link ex-FTX exec to Chinese bribery scandal

US prosecutors allegedly link ex-FTX exec to Chinese bribery scandal

Notes from a 2023 conference call between Assistant US Attorneys revealed allegations against Ryan Salame tied to Alameda Research’s bribery scheme in China.

Cointelegraph by Turner Wright
Bitdeer to raise $150M via convertible notes for data center expansion

Bitdeer to raise $150M via convertible notes for data center expansion

Crypto mining company Bitdeer Technologies is gunning to raise $150 million. The company is rolling out a public offering of convertible senior notes, wanting to lock down the funds to fuel its ambiti